About one-third of Medicare beneficiaries are enrolled in managed care today, and nearly half of all seniors are expected to be enrolled within the next 10 years. With that sobering statistic in mind, senior care operators need to understand the opportunities presented by the rapid expansion of managed care and the challenges that lie ahead.
In the executive order signed on his first day in office, President Trump instructed federal agencies to prepare to grant states more flexibility in managing their health care programs, possibly clearing the way for Medicaid block grants. How could block grants affect seniors housing and care? Medicaid Funding & Block Grants Medicaid is currently funded […]
The push toward value-based purchasing by the Centers for Medicare and Medicaid (CMS) means significant changes for operators, said Ray Thivierge, a well-known and respected skilled nursing industry leader. He moderated “The Ever-Changing World of Skilled Nursing: The Impact of CMS Initiatives,” a session at the 2016 NIC Fall Conference in September.
In July 2015, Rep. Kevin Brady (R-TX), the House Committee on Ways and Means Chairman, introduced a measure called the Medicare Post-Acute Care Value-Based Purchasing Act of 2015. Since that time, the bill has been under committee consideration, but just over a year later, the buzz around Washington indicates that the bill may come out of committee for a vote.
On September 15, at the 2016 NIC Fall Conference, NIC released its 2Q2016 Skilled Nursing Data Report. The report includes key occupancy and revenue metrics from October 2011 through June 2016. In today’s blog post, I’ll walk you through the data.